
In collaboration with the World Economic Forum
NACD US Climate Governance Initiative

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From Interest to Action:
Climate Change in the American Boardroom
NACD is proud to have joined the Climate Governance Initiative (CGI) as the US host chapter: the NACD US Climate Initiative. This initiative will prepare directors to guide their companies through the urgent challenge of climate change, which threatens the sustainability of business.
Climate Governance Principles
The World Economic Forum has developed a set of Climate Governance Principles for boards of directors to
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enable directors to gain climate awareness and skills,
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embed climate considerations into board decision-making, and
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encourage directors to understand and act upon the risks and opportunities that the climate emergency poses to their organizations.
Boards are beginning to grapple with climate change and are finding it to be a complex issue, fraught with scientific, macroeconomic, and policy uncertainties. Many boards struggle to frame climate risks and opportunities appropriately within their organization’s overall strategy.
The NACD US Climate Initiative leads the conversation around the role of the board and management in responding to climate change in their organization’s strategy. It delivers guidance and education to enhance climate competence in the American boardroom.
As trusted stewards of long-term value creation, corporate directors can help ensure that climate change does not adversely impact the US economy and that American businesses continue to lead in innovation, transformation, and growth.
Climate Resources for Your Board
Explore resources to support your board’s pathway to climate proficiency. We monitor corporate advances in climate governance and the latest in reporting and disclosure to ensure your board has the essential information it needs.
Critical New Developments
- COP27: Key outcomes for board directors (Climate Governance Initiative)
- Briefing for independent directors ahead of COP27 – the upcoming UN’s global meeting on climate (Climate Governance Initiative)
- Three Climate Lessons From NACD Summit 2022 (NACD)
- Second Edition of the Primer on Climate Change: Directors’ Duties and Disclosure Obligations (Climate Governance Initiative)
- SEC Climate Comment Letter (NACD)
- Climate Governance Initiative Letter to SEC on Climate Change Disclosures
Developing Climate Proficiency
- A Director’s Guide to Carbon Accounting (NACD)
- The Chair's Guide to Valuing Nature (WEF and CGI in collaboration with Deloitte)
- The SEC’s Climate Proposal and Assurance: 3 Considerations for Audit Committees (NACD)
- Board of (Climate-Change) Directors (Korn Ferry)
- Climate Change Litigation – What Board Directors Need to Know (CGI)
- The Chairperson’s Perspective: Shaping the board’s strategic direction on climate (CGI)
- Boardroom climate competence: Getting ahead of the curve (KPMG)
Building a Climate Governance Approach
- Climate Governance Must Include Lobbying Oversight (NACD)
- The Growing Spotlight on Biodiversity: Why Boards Should Pay Attention (NACD)
- Board/Management Interface on Climate (NACD)
- TCFD Good Practice Handbook (CDSB)
- Financing the Transition to a Net-Zero Future report (Oliver Wyman)
- Getting Real: A Blueprint for a Commercially Smart Climate Transition (Oliver Wyman)
- Director FAQ: Climate Governance (NACD)
- The Time is Now: Climate in the Boardroom (NACD Capital Area 4/30 Program)
- Primer on Climate Change: Directors’ Duties and Disclosure Obligations (Climate Governance Initiative)
- Principles for Effective Climate Governance (World Economic Forum)
- Climate Capability on Company Boards (Climate Governance Initiative Global Summit Session)
- Climate Change Is an Enterprise Risk Multiplier (NACD)
Get Involved
If you’re a stakeholder interested in exploring partnership around this initiative, or an NACD member who’d like to share their board’s or company’s climate governance journey, please contact Ghita Alderman, Associate Director, ESG Content.